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Tax UpdatesTax Updates: 10 June 2024
Welcome to this week’s review of tax issues where Richard comments on what’s been happening in the world of tax over the past week. If you have a question or would like a second opinion on any national or international tax issues, please contact Richard via email at richard@gilshep.co.nz. Rate updates for the 2024 income year Well, your […]
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Make a better investment
Whenever I hear the word ‘investment’, the first thing that comes to my mind is money. But is that always the case? Let me share an experience with you… I used to have a gap between my front teeth, and for years the gap kept growing. It bothered me every time I looked in the […]
Event: Purposeful Business
This is your invitation to hear from Three great business leaders;Theresa Gattung, Jacqui Bensemann and Yi Ping Ge Listen to some of their behind the scenes journeys through driving business growth, surviving fire and building bridges. When: Monday 11th November 219Time: 5.30pm – 8.00pm – Drinks, nibbles, speakers and networkingVenue: The Maritime Room, Princes Wharf, […]
I had a dream, and you will have it too.
When a G1 (first generation) wealth creator has a business or an activity that they are proud of, and have a dream for its future, the most common mistake they make is to assume that everyone else will have that dream too. In particular their children. Some of the worst tragedies that I have witnessed […]
Business at first sight
Business marriage guidance, or how to deal with ‘business at first sight’. It has become a guilty pleasure, I have been watching ‘Married At First Sight (NZ)’, and a truly awful Australian show called ‘Seven Year Switch’. During a commercial break, it dawned on me that when people get into business together, they often do […]
The Trusts Act – not a negative.
The Trusts Act 2019 received royal consent in July 2019 and will come into effect after 30th January 2021. The Act codifies existing practice surrounding trusts. The key changes are: Extension of a trust’s life from 80 years to 125 years. Defined trustee duties to mandatory duties and default duties. Default duties can be contracted […]